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23 May 2018 | 2 replies
So this varies from state to state and sometimes by county, but I know here in Ga where all my portfolio is located, there is no set limit on the amount you can increase the rents by.
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23 May 2018 | 1 reply
@Joe P All depend on your net income and liabilities for eligibility of mortgage.
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21 July 2019 | 3 replies
With only an acre for parking and building, your probably either limited to a single tenant or low volume garden offices (maybe a small retail strip center, but the sizes would probably dictate shorter leases and higher turnover).
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19 June 2018 | 5 replies
We require proof of insurance before move in or we automatically charge them for additional liability insurance which is not refundable but can be cancelled the following month as soon as we receive there proof of insurance.Yes you should be listed on the policy so that you not only receive proof of insurance from the insurance company but also notices of renewal or lapse.
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23 May 2018 | 4 replies
Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.
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31 May 2018 | 12 replies
To a lender, they will both be considered commercial (if the 4+2 are one deed) which will restrict you to commercial mortgages, and the limitations that come with them.From a depreciation standpoint they may both be considered residential depreciating over 27.5 years as opposed to 39.
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24 May 2018 | 1 reply
Signing a contract with a new PM company - check out this part:Unlimited attorney's fees and expenses?Is this the norm?
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5 June 2018 | 10 replies
I have used US liability for multiple states.
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25 May 2018 | 6 replies
I'm going in with a partner, and I'm hoping that they can be on title and take the full mortgage liability rather than us both being on title.
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28 May 2018 | 12 replies
Commissions are negotiated and can be more or less depending on your office policy.Or, again with your managing broker's permission, tell the seller you know several investors that might be interested and get a listing... maybe a limited listing instead of a contract to buy it yourself... maybe as a transaction broker so you're just helping the buyer and seller consummate the sale (not representing either party as a fiduciary) and charge a commission instead of a wholesale fee.Just spit-balling ideas for you, but check with your managing broker to structure something that does work for all of you.